Org.nr 917 481 075 2018 → 2019 Year-over-year analysis

3V3 NORGE AS: årsregnskap 2019 vs 2018

Grew 94% on revenue

approved 2020-03-09; registry 2020-08-31; journal 2020 717051

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3V3 NORGE AS. Revenue 5.24m NOK → 10.15m NOK (+93.7%). Equity -647.4k NOK → -212.1k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 3V3 NORGE AS.

At a glance

Revenue

5.24m NOK 10.15m NOK

+93.7%

Operating result

-1.05m NOK +551.1k NOK

+152.5%

Net result

n/m +435.4k NOK

—

Equity

-647.4k NOK -212.1k NOK

+67.2%

Cash

322.0k NOK 409.9k NOK

+27.3%

Total assets

2.35m NOK 2.18m NOK

-7.1%

↑
Revenue rose

Operating income / revenue moved from 5.24m NOK to 10.15m NOK (+93.7% YoY). Calculated
↑
Operating result improved

Operating result -1.05m NOK → +551.1k NOK (op. margin -20.0% → 5.4%). Calculated
↑
Equity strengthened

Book equity -647.4k NOK → -212.1k NOK (equity ratio -27.6% → -9.7%). Calculated
↑
Cash rose

Bank deposits 322.0k NOK → 409.9k NOK (+27.3% YoY). Calculated

·
COGS moved

COGS / varekostnad 4.21m NOK → 7.36m NOK (+74.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 141.2k NOK → 91.2k NOK. Reported fact